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INVESTMENT PORTFOLIO

Core Investments

Manila Electric Company

Manila Electric Company (Meralco) is the largest electric power distribution company in the Philippines. With 121 years in service and a franchise area covering 9,685 km2, it encompasses 38 cities and 73 municipalities, which accounts for 55% of the country's electricity output in only 3% of the country’s total land area. It provides power to over 7.99 million customer accounts.

JG Summit’s equity stake

26.4%

JG Summit’s share in net income

21% increase vs last year
11.9 bn

Market value of JG Summit’s stake

as of December 27, 2024
145.0 bn

Dividends paid to JG Summit

in PHP billions

Singapore Land Group Ltd.

Singapore Land Group Limited (SingLand) is a real estate company with a diverse portfolio of commercial offices, residential and retail properties, and hotels, including the Singapore Land Tower, Clifford Centre, and Marina Square. It has a large footprint in Singapore and in key overseas markets, with 3.9 million ft2 of office space and 1.2 million ft2 of retail space.

JG Summit’s equity stake

37.0%

JG Summit’s share in net income

31% increase vs last year
3.3 bn

Market value of JG Summit’s stake

as of December 27, 2024
40.1 bn

Dividends paid to JG Summit

in PHP billions

PLDT, Inc.

PLDT, Inc. (PLDT) is the largest fully integrated telecommunications company in the Philippines and the market leader in the country’s broadband sector, providing both wireless and fixed-line services. Its common shares are listed on the Philippine Stock Exchange, while its American Depositary Shares trade on the New York Stock Exchange.

JG Summit’s equity stake

11.3%

Market value of JG Summit’s stake

as of December 27, 2024
31.5 bn

Dividends paid to JG Summit

in PHP billions

Bank of the Philippine Islands

Bank of the Philippine Islands (BPI), founded in 1851, is one of the top three banks in the Philippines and the oldest bank in Southeast Asia. As of the end of 2024, it operated 1,252 branches and provided financial services to individuals and businesses. These services include consumer banking and lending, asset management, payments, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking.

JG Summit’s equity stake

3.6%

Market value of JG Summit’s stake

as of December 27, 2024
23.0 bn

Dividends paid to JG Summit

in PHP billions
*Dividends received from RBank by virtue of the merger agreement with BPI